Charity auction of iconic tractor to be part of firm's bicentennial celebrations
The Propertymark Protected company, Cheffins, purchased the machine in 2024 from an onsite auction which the firm hosted and hopes it could now raise up to £20,000. The fully restored 1963 Fordson Super Dexta will go under the hammer in October 2025, with all proceeds going to the Addenbrookes Charitable Trust.
Assessing property viewing risks
Property agents and their businesses must assess risk, create safe systems of working, communicate these to their employees as well as monitor and review their systems on a regular basis. By making customers aware of potential hazards, property agents will be offering a higher level of professionalism and customer service.
Fire safety responsibility moves to Housing Ministry
The UK Government has announced a significant change in fire safety oversight, transferring responsibility from the Home Office to the Ministry of Housing, Communities and Local Government (MHCLG) effective from 1 April 2025. The move responds to a recommendation of the Grenfell Tower Inquiry Phase 2 report and puts responsibility for building safety and fire under a single Secretary of State, enabling a more joined-up approach.
Right-to-Rent guidance refreshed
Providing clarity on document verification processes and necessary steps required to remain compliant with immigration laws are included in the updates which became effective on 12 February 2025, plus, landlords and letting agents' responsibilities in conducting right-to-rent checks for privately rented accommodation.
Warning for estate agents after High Court case of misleading details
The buyers of a £32.5 million mansion sued the seller after he failed to give honest information about the state of the property in pre-sale enquiries, particularly, a serious moth infestation. As a result, the court ordered the sale to be reversed, with the buyers receiving a refund of the purchase price plus £4m in damages, including compensation for ruined items.
Commercial Outlook Q4 2024
As many towns and cities embark on substantial regeneration projects, there is huge potential in the medium and long term in delivering prolonged growth across many commercial channels and as time progresses, we expect to see a substantial keenness from many investors.
Auctions Barometer: Q4 2024
The auctioneering sector continues to adapt and exceed consumer expectations, as demonstrated by the substantial growth in live-streamed events and online engagement. Notably, 41% of member feedback indicates a sentiment of expansion regarding the number of lots available, with the highest proportion surpassing their reserve prices.
EPC reforms designed to underpin net zero journey
Energy Performance Certificates (EPCs) in Scotland are to be revised and updated to give consumers a clearer picture of their home’s energy performance and link better with the drive to cut emissions from buildings. The proposed changes include a new rating system with clearer information on the fabric energy efficiency of a property, the emissions, efficiency and running costs of its heating system, and the cost of energy to run the home.
Swathe of 10,000-home towns will be under construction by 2029
The Ministry for Housing, Planning and Local Government (MCLHG) has issued an update on their plans for a generation of new towns six months after the launch of a dedicated task force. More than 100 potential sites across England have been suggested after the UK Government asked for expressions of interest from councils, housing developers and landowners.
New fire safety guidance offers support for managing agents
The UK Government has published a new guide to help make small blocks of flats in England safer from fire. It has practical advice for agents, building managers and owners on improving fire safety in blocks of up to three storeys containing up to six flats and includes new legal requirements introduced through Section 156 of the Building Safety Act 2022.
New limits on Right to Buy will slow down the loss of council homes
The UK Government is proposing changes to the Right to Buy (RTB) scheme intended to create a fairer and more sustainable system which retains the opportunity for social housing tenants to buy their homes while supporting councils to replace properties that are sold. Propertymark is supportive of the proposals, which include increasing the length of time someone needs to have been a public sector tenant, amending discount percentages, and allowing Councils to ask for repayment of discounts if the property is resold within ten years.
Simplified home improvement law to be debated by Lords
Introduced on 7 February 2025, the Permitted Development Rights (Extension) Bill, put forward by Lord Lucas, proposes significant changes to planning laws in England and Wales, establishing new rights for householders to modify their properties in primary legislation for the first time. Propertymark responded to the UK Government's consultation on Permitted Development Rights (PDRs) last year, supporting the reduction of barriers to sustainability upgrades.
Minister announces new plans to drive down property transaction timescales
Matthew Pennycook, MP, stated that the UK Government will work with HM Land Registry to digitise property data, making information more accessible and reducing delays caused by manual processes. This move is expected to streamline transactions and provide agents quicker access to essential property details.
Leasehold Right to Manage reforms take effect on 3 March 2025
The Leasehold and Freehold Reform Act 2024 (Commencement No. 3) Regulations 2025 mark the latest significant step towards strengthening the rights of leaseholders and providing them with greater powers and protections. These changes will directly impact estate and letting agents across the UK, as they affect how leasehold properties are managed, bought, and sold.
Issue 58: Spring 2025
This issue introduces Connect, a new lead-generation platform designed to enhance collaboration among property professionals. As a core benefit of Company Advantage, Connect allows agents to generate and manage leads efficiently across the UK and beyond. Other topics covered include flexible office spaces, employee ownership trusts, and sustainability initiatives.
Shaping Wales's rental future: Propertymark's response to adequate housing proposals
One of the key themes of the White Paper is the Welsh Government’s commitment to achieving housing adequacy — a concept that includes affordability, security, and access to quality housing. While Propertymark agrees with this goal and supports enshrining housing adequacy as a human right in Welsh law, we have urged policymakers to focus on pro-growth policies rather than introducing restrictions that will force landlords out of the market.